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[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 4099 Introduced in Senate (IS)]

<DOC>

118th CONGRESS
  2d Session
                                S. 4099

 To increase the capacity, resiliency, diversity, and security of the 
  United States food supply chain by codifying and expanding the Food 
                 Supply Chain Guaranteed Loan Program.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             April 10, 2024

 Mr. Brown (for himself and Mr. Braun) introduced the following bill; 
  which was read twice and referred to the Committee on Agriculture, 
                        Nutrition, and Forestry

_______________________________________________________________________

                                 A BILL

 
 To increase the capacity, resiliency, diversity, and security of the 
  United States food supply chain by codifying and expanding the Food 
                 Supply Chain Guaranteed Loan Program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Food Supply Chain Capacity and 
Resiliency Act''.

SEC. 2. FOOD SUPPLY CHAIN GUARANTEED LOAN PROGRAM.

    (a) In General.--The Secretary of Agriculture (referred to in this 
section as the ``Secretary'') may guarantee loans of not more than 
$80,000,000 made to support new investments in the start-up or 
expansion of projects in the United States that will increase the 
capacity of the food supply chain in the United States to aggregate, 
process, manufacture, store, transport, wholesale, or distribute food.
    (b) Priorities.--In awarding loan guarantees under this section, 
the Secretary shall, when the amount available to carry out this 
section is less than the total of the amounts requested under 
applications submitted under this section, give preference to loans for 
projects--
            (1) that create jobs in economically distressed 
        communities; or
            (2) as the Secretary determines to be appropriate to help 
        create a more resilient, diverse, and secure United States food 
        supply chain.
    (c) Nonsupplantation of Other Funds.--The Secretary shall use the 
amounts made available to carry out this section to supplement, and not 
supplant, funds provided under other Federal laws or State or local 
laws.
    (d) Regulations.--The Secretary shall prescribe such regulations as 
may be necessary to carry out this section.
    (e) Funding.--
            (1) In general.--Of the amounts appropriated to carry out 
        section 310B(g) of the Consolidated Farm and Rural Development 
        Act (7 U.S.C. 1932(g)), the Secretary may use to carry out this 
        section $29,000,000 for each of fiscal years 2024 through 2028.
            (2) Administration.--Not more than $4,000,000 of the 
        amounts provided under paragraph (1) for each of fiscal years 
        2024 through 2028 may be used by the Secretary for 
        administrative purposes.
            (3) Availability.--Amounts made available under paragraph 
        (1) are authorized to remain available until expended.
    (f) Conforming Amendment.--Section 1001(b)(4) of the American 
Rescue Plan Act of 2021 (7 U.S.C. 7501 note; Public Law 117-2) is 
amended by inserting ``, except any activity authorized to be carried 
out by section 2 of the Food Supply Chain Capacity and Resiliency Act'' 
before the period.
    (g) Effective Date.--This section and the amendments made by this 
section shall take effect on the date that is 90 days after the date of 
enactment of this Act.
                                 <all>
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